RCM Technologies exec sells 10K shares for $410,681
Rhea-AI Filing Summary
RCM TECHNOLOGIES, INC. (RCMT) is the issuer for a Form 144 notice filed for the account of officer Michael Saks. The notice relates to common stock, par value $0.05 per share, linked to performance-based RSUs and handled through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing also lists recent sales of RCM common stock by Saks over the prior three months.
Positive
- None.
Negative
- None.
Key Figures
Common stock par value: $0.05 per share
RSU-related quantity: 706 shares
Shares sold 08/14/2026: 11,792 shares
+3 more
6 metrics
Common stock par value
$0.05 per share
Par value of RCM Technologies, Inc. common stock
RSU-related quantity
706 shares
Quantity shown in the Performance-Based RSUs line
Shares sold 08/14/2026
11,792 shares
Common stock sold by Michael Saks on 08/14/2026
Amount 08/14/2026 sale
395,753.58
Amount shown for the 11,792-share sale on 08/14/2026
Shares sold 08/18/2026
10,000 shares
Common stock sold by Michael Saks on 08/18/2026
Amount 08/18/2026 sale
410,681.90
Amount shown for the 10,000-share sale on 08/18/2026
Key Terms
Rule 144, Performance-Based RSUs, par value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance-Based RSUs financial
"Common Stock, par value $0.05 per share | 05/06/2025 | Performance-Based RSUs |"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
par value financial
"Common Stock, par value $0.05 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What did RCMT disclose in this Form 144 filing?
RCM TECHNOLOGIES, INC. disclosed that officer Michael Saks filed a Form 144 notice covering potential sales of its common stock, par value $0.05 per share, including shares associated with performance-based RSUs and listing recent sales over the prior three months.
How many RCMT securities are referenced in connection with performance-based RSUs?
The Form 144 lists 706 securities in a row describing Performance-Based RSUs acquired from the issuer, with a date of 05/06/2025 and a later date of 08/24/2026 shown in the same line.
Which broker is named in the RCMT Form 144 filing?
The Form 144 names Morgan Stanley Smith Barney LLC Executive Financial Services, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004, in connection with RCM Technologies common stock.
What is the par value of RCMT common stock in this filing?
The filing describes the security as Common Stock, par value $0.05 per share of RCM Technologies, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.